NAR’s Realtors Relief Foundation helps people after a disaster threatens their homes, including Floridians after Hurricane Ian hit Fla. last year.
There’s been an uptick in mortgage company bankruptcies as rates rise and biz declines. For buyers, that means a possible hiccup as they head toward closing.
Of those helped, 63K followed Hurricane Ian and 4K Nicole. It comes to $5.2B in grants, disaster loans and flood insurance after Ian and $19.8M after Nicole.
Unlike boomers, millennials pay less attention to marketing materials they hold in their hands, like postcards or newspapers. Digital advertising is a better way to go.
U.S. home prices rose 4% compared to the last quarter of 2022, hitting $378K. But only 18% of metro markets saw double-digit growth in 4Q. In 3Q, it was 46%.
Foreclosures still don’t have a notable impact on the market, yet Attom’s latest report found Fla. saw a lot of initial filings – but few actually repossessed.
In Fla., though, rents outpaced the national average. Jacksonville saw the highest year-to-year change with a 7.5% increase, and a low of 3.5% in Miami and Tampa.
When buyers needed a bidding edge, new companies offered to operate as a cash-offer middleman. But now some are stuck with hundreds of homes.
State-run Citizens’ policies are sold only through insurance agents, but scammers are creating fake websites to target Fla. homeowners seeking coverage.
Problems – sometimes weird and always unexpected – can arise between a listing and closing. Four NAR members describe theirs and how they responded.
